Vanguard began buying stock in Canopy Growth, Aphria, and Aurora Cannabis (OTC BB: ACBFF) in the first quarter of the year.

The total investment of $47 million gives Vanguard a 0.4% equity stake in the three stocks.

Securities laws require mutual funds to disclose their holdings every quarter – or four-times per year.

Yet the fund companies have 60 days – AFTER the quarter – to file those reports. That means Vanguard didn’t have to disclose these pot stock investments until June 1.

Here’s why this is important…

Vanguard was the ONLY fund to disclose ownership during the first quarter of 2018.

Now, Vanguard is a big player. The firm has nearly $1 TRILLION in assets under management across its mutual funds and ETFs. The company was founded by Jack Bogle – one of the most respected investors in the world.